Within the fourth quarter of final 12 months (October to December), vivo dominated the Chinese language smartphone market, with 13.2 million models shipped and a 17.6% market share. vivo’s gross sales grew 14.8% in comparison with This fall 2023.
Apple was in second with 13 million shipments and 17.3% of the pie, however its shipments fell 7.1% year-on-year (YoY), whereas third-place Huawei nearly overtook it. Huawei shipped 12.7 million models in This fall, had a 16.9% market share, and grew 14.4% YoY.
It was Xiaomi that noticed the most important progress in comparison with a 12 months in the past, at 29.5%. Xiaomi shipped 12.3 million models for a 16.4% market share. It is adopted by Oppo and Honor each with 10.5 million shipments and 14% market share, however whereas Oppo rose 7.1%, Honor dropped 13.2%.
The complete market in This fall 2024 was at 75 million smartphone shipments, rising 5.3% YoY. This was the market’s fourth consecutive quarter displaying YoY progress. For the complete 12 months 2024, shipments have been 271.4 million, up 3.7% in comparison with 2023. With the introduction of smartphone subsidies this 12 months, the expansion ought to proceed.
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